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Islamabad, May 05, 2023 (PPI-OT): Minister for Planning and Development Ahsan Iqbal chaired a meeting to review progress over Karachi Coastal Comprehensive Development Zone. In accordance with instructions of Federal Planning Minister, a high level committee under the Chairmanship of Secretary Maritime Affairs, with all relevant stakeholders including government of Sindh, has also been constituted today for formulation of an action plan and firming up of timelines of the Project so as to be a deliverable for 12th JCC, being scheduled in July this year.
The Karachi Port Trust through Ministry of Maritime Affairs is the leading federal organization for executing the project in consultation with all stakeholders. The KCCDZ, spreading over 687 hectares and estimated cost of 3.1 billion US dollars, is being conceived to be an international business bay area, future high-tech knowledge-economy sectors, hub for global young talents and entrepreneurs, showcase of world-class waterfront lifestyle, to be located around Western backwater area of Karachi Port. The Scope of project also includes Karachi new industrial city, external connection roads, breakwaters and coastal bridge, cruise terminal, seawater desalination plants, and environment improvement works.
For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk